Big Money Flows into Munis, $1.8B Weekly Fund/ETF Net Inflow

By Michael Aneiro

Muni bond funds and ETFs reported a whopping $1.8 billion net inflow last week, per Lipper data, following inflows of $706 million and $866 million the previous two week. Muni funds and ETFs have now seen net inflows in 27 of the past 28 weeks and 47 of the past 49 weeks.

The iShares S&P National AMT-Free Municipal Bond Fund (MUB) was trading at $113.41 Friday afternoon, up 9 cents from a week ago.